We already own a beautiful house(no mtg.) in Metro Manila, Philippines. I love The Philippines and it’s also where my wife’s family is based.
The Philippines is absurdly cheap and you can live like a rock star there on a social security stipend, but i’ve heard too many horror stories about philippines to really want to retire there.
Besides the idea of having every relative my wife or I could possibly be related to in a line outside my door asking for a handout, the ability and frequency of my relatives or any other person there willing to screw me over is just too much.